Innovate UK EDGE is here to help you grow your business by protecting and harnessing IP, improving innovation management and connecting to the innovation ecosystem globally.
Innovation should be a driving force in business, fuelling the creation of new and improved products or services to launch at home and take to global markets.
The one-to-one assistance your business will receive is bespoke and in-depth. Beyond helping you to capitalise on your IP, its ultimate objective is to equip your business to engage in continuous innovation and to optimise operations to deliver growth at scale. And when your capacity to exploit innovation is allied to the right organisational and leadership profile to attract investment and the capability to enter new markets, you will have the ideal platform for scaling.
Support can address areas such as managing cashflow, funding and finance, staff retention, removing costs from the business, building resilience, R&D and innovation capacity, reviewing business models, planning for growth, developing supply chains, building the customer base and accessing new markets.
Innovate UK EDGE is fully funded and delivered across the North of England by RTC North.
Areas of focus could include:
- Developing a strong innovation culture and introducing techniques to breed innovative ideas with the power to drive your growth strategies
- Adapting a business model to exploit continuous innovation
- Setting project success criteria, applying project management principles and then evaluating ROI
- Establishing manufacturing readiness
- Ensuring market readiness (validating technology, identifying value propositions, understanding market potential and building marketing strategies)
- Identifying different types of IP and protection: Patents, trademarks, design rights, copyright, NDAs, etc.
- Awareness of patent, trademark and design registration search tools
- Advice on business processes to capture and review IP
